Topic: People panics because the price goes down. - page 2. (Read 620 times)

Panicking is part of human nature, but I think sometimes we have to learn how to control our emotion and stay strong. The ups and downs in price is a normal trend due to some factors and I believe it is something that we have to know before joining crypto and condition our mind that being hopeful is a good thing to always remember. Don't lose hope, keep the faith alive.

New investors and the ones who bought on top are panicking, its always like that. They are the ones who post so many threads with questions when will price recover, when will rise, are we at bottom, etc. You don't hear such things from early adopters and investors, we already have huge profit from bitcoin price rise and we don't worry like new investors do.
They didn't invest in bitcoin as technology that will conquer the world one day in the future, they invested with one agenda and that is fast profit and if possible big profit. That didn't happen, instead up price stared to to down and panic started, its how things are working.

It is just the normal way people react to things easily when things are not working out as they would have expected. A lot of people could have the mindset that the market is volatile and they still held, but it is normal for them to see things going awry and then trying to find answers everywhere as to what may be going on so they are not kept in the dark, and sometimes, the news may not even be helping due to the level of FUD, which may make them to react.

Except for the experienced investors or those who may really just have been able to understand the market very well, they are the ones who usually do not care and only focus on the future.

In some instances that might be true,, but I have seen numbers of new investors who’ve not doing such reactions or panicking in any news.. Most of the time this hardly associated by big whales selling at high price and buying at dip.. Being new doesn’t mean ignorance because the one who panics are those who don’t have knowledge or even trying to study the history of cryptocurrency..

Don’t associate sellers as newbies because most of the time they’re the greedy investors who manipulate the market..

Additionally, those who panic see their money going down the drain. When the price goes down, that's their hard earned money or even possibly their savings that they're losing. This is probably why people panic whenever the price goes down - because they have so much to lose. They end up selling in the hopes of recovering their investment even at a lost.

Given the scenario, It's part of our human nature to react in cases like this, out of panic and confusion. We cannot blame new comers if they do such thing, even those people who are already in the industry for a long time tend to have panic attacks from time to time. Also, based on what you have said, banning of cryptos in other countries contributes to a much more volatile Bitcoin's rate.

I think that i am never going to understand why most people is always panicking when they see a -5%  - -10% on their portfolios, it is a waste of time and energy.

I am in down by more than a forty percent since the beggining of the year, and i am not worried because i know that everything is going to recover in a near time, maybe in some months, or in some weeks from now.

I think its normal that bitcoin is going down. Yeah maybe a lot circumstances it happen and a lot of fud news they spread that affect the price of bitcoin. But I think panicking is not the one we can do be calm and relax.

People panic not just because the price of Bitcoin is going down but because they don't have faith in Bitcoin and maybe in crypto currency in general. And  to some other group people tjey panic because there investment capital is a borrowed or loan money and in such conditions one will need to panic but at the end of the day panic may end you selling at lost and you will regret doing such a thing.

This is normal for human being when the price decreases  people would be panic about holding the bitcoin.  At the same time if it increases people would become happy. Before three days the price would be falling very worst,  after a long time again the price will going to start increasing.  This makes investors very happy so don't get panic about holding the bitcoin in future surely it will give more benefits.

It's completely normal for people to panic, especially when the prices are high, like it was on December, most have made profit, thus, selling a little lower is understandable, trying to avoid going into a situation we are now. (Low price levels, volatile and unstable market). However, I find it completely irrational to panic after many days of grace period, like we were now.

We live in economies which are based on debt. Every central bank have its own debt to some international bank. Governments uses part of their income to pay interest for these debts. In third world countries the situation is even worse, as most of the income from taxes are used only to pay interest to international banks.

According to the State, the "right" way to live is by accumulating debt and putting value in paper money which can be printed indefinitely. People just follow the example of the State, and they accumulate debt in turn, buying suplerfluous stuff they dont need, paying for expensive services just to boast and feel superior, spending more than they earn and thus making one debt after another, and taking loans to pay their debts, creating a snowball that leads to bankruptcy.

Then, they see bitcoin, but not for its technological promises, though - they see it as a way to make a quick buck to pay their debts, the credit card bill coming at the next month, things like that. And, as usual, they take loans (again) just to buy crypto and have some more.

You see, most people are like that. People see the State like a God, and the State gives an example to them: accumulate debts to display power and have respect. The inevitable result is this disaster where a mass of idiots takes loans to buy crypto, hoping they will pay their debts later. Then the price fall due to some whale selling his bitcoins, and these newbies sell it in panic, pushing the price down further.

Its all a question of financial education.

It's normal to see the price goes down and we don't know the real reason, but look at the old price chart of bitcoin if you compare them with the current price graph it's different and the price still not drop. The price is decreasing because of normal circulation of bitcoin, some big investors are investing in bitcoin and until now many business investors are investing in bitcoin and use bitcoin as their bitcoin payment system.

For me, the reason why the price is dropping every time the price increase it's because there are many miners out there are holding and selling their bitcoin when the price increases this is the reason why the price of bitcoin is dropping.

The points you had mentioned is only 40 percentage true .But it's not a 100% profits.The people who had start to inverse now,will get fear.In bitcoin trading, you will get profit only if you had hold the bitcoin with hope without getting fear to hold .Even the rich people may spread the fake news about bitcoin to buy a bitcoin at low price.

If you have a plan on investing in bitcoin studying the market then you will not take a decision to sell off the coins by looking at the weak market, either you are not planning to make sure you learn about what you are doing or you are just gambling to see how much profit you will get in a short time. Never invest in anything before studying the market and that is the main reason you are seeing these sort of sell off at a loss.

This goes vice versa for both sides .
People panic because price go down and price go even further down when people panic . The only reason behind this is the panic sell off . Many impulsive holders or investors does not wait for things to get better and any slight up and down in the market cap or in the price is just such a big thing for them that they do not take a minute in selling off all their assets . They are the same people who regret after the prices go up again.

No one should be panic because the price goes down. The normal trend or flow of crypto relies in bitcoin all the time. That means there is so much to offer in bitcoin so having the minimal low prices of bitcoin does not make it less important. For the people to get panic that shows how valuable bitcoin is for them and so do I.

1. Countries ban cryptocurrency. Do they want to protect people from high risks and fraud? A lot of banks, that don't return your money, fraudulent holding companies, lotteries and others are not banned just because they share their profit and controlled by the government. The thing is that governments are scared of how dominant and unregulated cryptocurrencies are and just want their piece of cake.
2. Social media advertise so many shitty things, such as online casinos, useless products, charities, and other frauds. Are you sure they care about your money? Social media are mostly regulated by the government, so reread the point 1.
3. Rich people become rich with the help of money of other people. Do they wanna to share with you a secret of making a profit? Just think how stupid it sounds.

Medics don't want you to be healthy, because they will lose their job; people create viruses just to make you buy their anti-virus; our gadgets are programmed to become broken after some time just to make you go and fix it or buy a new one, and it doesn't matter how careful you are; people try to "protect" you from bitcoin because they will lose their money, but not because you are risking to lose yours

maybe they are not too sure and believe in bitcoin investments and that raises a fuss on investors and they do not understand the risks before they invest with bitcoin

The rise and fall of bitcoin is due to the supply and demand of the market, and the main reason is people's trust in it.

If there is some negative news, as long as people trust bitcoin, there will be no panic, and the price of bitcoin will fall sharply.